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Wanda Group
Wanda Group
Wanda Group
(simplified Chinese: 万达集团; traditional Chinese: 萬達集團; pinyin: Wàndá Jítuán), or Dalian
Dalian
Wanda (Chinese: 大连万达), is a Chinese multinational conglomerate based in Beijing. It is the world's biggest private property developer and owner of the world's largest cinema chain, Wanda Cinemas
Wanda Cinemas
and the Hoyts Group, as well as a majority share of AMC Theatres.[5][6][7] With investments within Mainland China
China
and globally, the Dalian
Dalian
Wanda group has since diversified its portfolio to include investments across a wide variety of industries including construction, entertainment, media, industrial manufacturing, financial services, high technology, hospitality, real estate, retail, health care, and sports. It was established in Dalian, Liaoning
Liaoning
and is now headquartered in Beijing
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ECommerce
E-commerce
E-commerce
is the activity of buying or selling of products and services online or over the internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web
World Wide Web
for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail
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Pinyin
Hanyu Pinyin
Hanyu Pinyin
Romanization
Romanization
(simplified Chinese: 汉语拼音; traditional Chinese: 漢語拼音), often abbreviated to pinyin, is the official romanization system for Standard Chinese
Standard Chinese
in mainland China
China
and to some extent in Taiwan. It is often used to teach Standard Mandarin Chinese, which is normally written using Chinese characters. The system includes four diacritics denoting tones. Pinyin
Pinyin
without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet, and also in certain computer input methods to enter Chinese characters. The pinyin system was developed in the 1950s by many linguists, including Zhou Youguang,[1] based on earlier form romanizations of Chinese
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Division (business)
A division of a business, sometimes called a business sector, is one of the parts into which a business, organization or company is divided.[1] The divisions are distinct parts of that business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. However, in a large organization, various parts of the business may be run by different subsidiaries, and a business division may include one or many subsidiaries. Each subsidiary is a separate legal entity owned by the primary business or by another subsidiary in the hierarchy. Often a division operates under a separate name and is the equivalent of a corporation or limited liability company obtaining a fictitious name or "doing business as" certificate and operating a business under that fictitious name. Companies often set up business units to operate in divisions prior to the legal formation of subsidiaries. Generally, only an "entity", e.g
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List Of Business Entities
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province
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Subsidiary
A subsidiary, subsidiary company or daughter company[1][2][3] is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company.[4][5] The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints. In the United States railroad industry, an operating subsidiary is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock
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Simplified Chinese Characters
Simplified Chinese characters
Chinese characters
(简化字; jiǎnhuàzì)[1] are standardized Chinese characters
Chinese characters
prescribed in the Table of General Standard Chinese
Standard Chinese
Characters for use in mainland China. Along with traditional Chinese characters, they are one of the two standard character sets of the contemporary Chinese written language. The government of the People's Republic of China
People's Republic of China
in mainland China has promoted them for use in printing since the 1950s and 1960s to encourage literacy.[2] They are officially used in the People's Republic of China
Republic of China
and Singapore. Traditional Chinese
Traditional Chinese
characters are currently used in Hong Kong, Macau, and the Republic of China
Republic of China
(Taiwan)
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Traditional Chinese Characters
Traditional Chinese characters
Chinese characters
(traditional Chinese: 正體字/繁體字; simplified Chinese: 正体字/繁体字; Pinyin: Zhèngtǐzì/Fántǐzì) are Chinese characters
Chinese characters
in any character set that does not contain newly created characters or character substitutions performed after 1946. They are most commonly the characters in the standardized character sets of Taiwan, of Hong Kong and Macau
Macau
or in the Kangxi Dictionary
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Standard Chinese
Standard Chinese, also known as Modern Standard Mandarin, Standard Mandarin, or simply Mandarin, is a standard variety of Chinese that is the sole official language of both China
China
and Taiwan
Taiwan
(de facto), and also one of the four official languages of Singapore. Its pronunciation is based on the Beijing
Beijing
dialect, its vocabulary on the Mandarin dialects, and its grammar is based on written vernacular Chinese. Like other varieties of Chinese, Standard Chinese
Standard Chinese
is a tonal language with topic-prominent organization and subject–verb–object word order. It has more initial consonants but fewer vowels, final consonants and tones than southern varieties
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Hanyu Pinyin
Hanyu Pinyin
Hanyu Pinyin
Romanization
Romanization
(simplified Chinese: 汉语拼音; traditional Chinese: 漢語拼音), often abbreviated to pinyin, is the official romanization system for Standard Chinese
Standard Chinese
in mainland China
China
and to some extent in Taiwan. It is often used to teach Standard Mandarin Chinese, which is normally written using Chinese characters. The system includes four diacritics denoting tones. Pinyin
Pinyin
without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet, and also in certain computer input methods to enter Chinese characters. The pinyin system was developed in the 1950s by many linguists, including Zhou Youguang,[1] based on earlier form romanizations of Chinese
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Multinational Corporation
A multinational corporation (MNC) or worldwide enterprise[5] is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.[6] A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation.[7] There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise. Multinational corporations are subject to criticisms for lacking ethical standards, and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing of their own wealthy host nation-states.Contents1 Overview 2 Theoretical background 3 Transnational corporations 4 Multinational enterprise 5
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Net Income
In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.[1] It is computed as the residual of all revenues and gains over all expenses and losses for the period,[2] and has also been defined as the net increase in shareholders' equity that results from a company's operations.[3] In the context of the presentation of financial statements, the IFRS Foundation
IFRS Foundation
defines net income as synonymous with profit and loss.[1] Net income
Net income
is the same as net profit but a distinct accounting concept from profit
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Property Developer
Real estate
Real estate
development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate
Real estate
developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property.[1] Real estate development is different from construction, although many developers also manage the construction process. Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from the beginning to end.[2] Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards
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Mainland China
Mainland China, also known as the Chinese mainland, is the geopolitical as well as geographical area under the direct jurisdiction of the People's Republic of China
China
(PRC). It includes Hainan
Hainan
island and strictly speaking, politically, does not include the special administrative regions of Hong Kong
Hong Kong
and Macau, even though both are partially on the geographic mainland (continental landmass). The term "mainland China" was coined[citation needed] by the Kuomintang
Kuomintang
(KMT Party) after receiving control of Taiwan
Taiwan
from Japan after World War II. By 1949, the KMT-led Republic of China
China
(ROC) government was defeated in the Chinese Civil War
Chinese Civil War
and fled to the island of Taiwan
Taiwan
where the KMT pledged to "retake the Mainland"
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Fortune Global 500
The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue and the list is compiled and published annually by Fortune magazine.Contents1 Methodology1.1 Controversy2 Geographical distribution 3 Fortune Global 500 list of year 20173.1 Breakdown by country 3.2 By industry sector4 See also 5 References 6 External linksMethodology[edit] Until 1989, it listed only non- United States
United States
industrial corporations under the title "International 500" while the Fortune 500
Fortune 500
contained and still contains exclusively United States
United States
corporations. In 1990, United States
United States
companies were added to compile a truly global list of top industrial corporations as ranked by sales
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Chinese Economic Reform
The Chinese economic reform
Chinese economic reform
(simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: "reform and opening-up") refers to the program of economic reforms termed "Socialism with Chinese characteristics" in the People's Republic of China
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